+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Coriolis Meters Market for Oil and Gas - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023

Pre Book Price: $ 5216

Original Price: $ 5795

 

Coriolis meters have attained popularity worldwide in various liquid applications in the past two decades. New designs have remarkably improved lower pressure drop and low flow sensitivity and are immune to noise factors which enable their successful use in the fluid applications. With more than 20,000 units running on gas around the world, various groups such as API, AGA, Dutch NMi and German PTB are all involved in writing standards for this gas flow technology.

 

Coriolis is one of the rapid growing technologies and growth in gas phase applications is approximately four times faster as compared to liquid applications. Older designs are known to have some well justified limitations for use on gas. Generally, a high pressure drop is required to obtain a high accuracy flow reading and large meters did not work properly due to sensitivity towards noise and effects of process pressure. Since the market is rapidly growing, manufacturers are mostly focused on liquid applications.

 

New designs and advancements in technology since early 1990’s have transformed this, allowing an accurate gas flow measurement for even low pressure gases. Sensitivity has been dramatically improved and pressure drop has been lowered. Overall, it can be argued that coriolis technology solves large number of problems and offers more value for gases than for liquid measurements. This is because gases are compressible. With advancements in technologies parameters such as temperature, gas composition and process pressure are accurately measured and provides adequate flow conditioning for profile sensitive technologies.

 

Since Coriolis meters measures the flowing mass of gas and accuracy is independent of composition and profile, the meter is highly accurate under a wider range of operating conditions and is less costly to install and maintain.

 

Coriolis meters are cost competitive with other metering technologies on an installed cost basis, in which installed cost includes: instrument purchase price, flow conditioning and straight runs, and temperature and pressure compensation. 

 

Coriolis meter is composed majorly of two main components such as a sensor and a transmitter. Coriolis meters infer the gas mass flow rate by sensing the Coriolis force on a vibrating tube. Sensing coils are installed at the entrance and exit sections of the tube that move in proportion with the sinusoidal vibration. At the time of flow process, the vibrating tubes and gas flow join together owing to the Coriolis force, thereby generating a phase shift between the vibrating sensing coils. The phase shift is directly proportional to the mass flow rate.

 

Coriolis meters are majorly used for process control and a large number of worldwide approvals exist for fiscal transfer of liquids, which includes authoritative bodies such as USA NIST C.O.C., Dutch NMi, German PTB and USA API.

 

Rapid industrialization and increasing demand of energy are some of the major drivers of the coriolis meters market. However, high cost required for the maintenance of the meters can hamper the growth of the market. Ample opportunities are there for the coriolis meters market as it is easier to retrofit into existing applications than load cell systems.

 

Some of the key companies in the business of coriolis meters are FMC technologies, AW-Lake Company, Emerson Electric Co., Liquid Controls, Honeywell, Hoffer Flow Controls, Inc. and Burkert Fluid Control Systems among others.

 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top